Oil falls 4%, extending losses after Fed rate hike
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after…
Asia
Senators will look at legislation addressing TikTok in China proposal — Schumer
WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said senators will consider legislation to bolster the Biden administration’s ability to…
Exclusive-U.S. climate envoy Kerry says China has invited him for talks
By Alexander Ratz, Sarah Marsh and Valerie Volcovici BERLIN (Reuters) – U.S. climate envoy John Kerry said on Wednesday China…
US Senate Democrats launch renewed effort to counter China
By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) – U.S. Senate Democrats launched a renewed effort to stave off competition…
Russian economy shrank estimated 2.2% y/y in Q1 – economy ministry
(Reuters) – Russia’s economy contracted by 2.2% in the first quarter of 2023 in annual terms, the economy ministry estimated…
US Senator Rubio seeks probe of Ford’s Chinese partnership on nickel plant
By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co’s…
US stands with Philippines against Chinese ‘intimidation’ in S. China Sea – official
By Karen Lema (Reuters) – The United States stands with treaty ally the Philippines in the face of harassment by…
Blinken says he hopes to reschedule trip to China this year
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Wednesday he was hopeful he could reschedule a visit…
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported…
Yellen to travel to Japan for G7 finance ministers meeting
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate…